Interested to Buy Any Domain ? << Click Here >> for more details...
What is the closing entry for outstanding amount?
- 13 Answers
- 21337 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / anu
i agree with Mr. satyaki's answer
when expense incur entry will be-
Exp A/c 5000
To Creditor for Exp A/c 5000
when amount is paid entry will be-
Creditor for Exp A/c 5000
To O/s exp A/c 1000
To Bank / Cash A/c 4000
OK.................?
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what are the purpose for the preparation of cost centre ?
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
what is organic profit? and how it is calculated?
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.
in a every intervew asking one common question why you are living current employer, which is the best answer
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
can u let me know how the bankers calculate interest on O.D.account
Have you worked with other on team endeavors
Straight line method to using Indian company names
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
income from depreciated asset is profit or loss?
what is contigent liabilities? whats it status in balance sheet?
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
Define Salry for the following purpose 1.To calculate HRA
